Sign in

    GameStop Corp (GME)

    You might also like

    Business Description

    GameStop Corp. (GME) is a leading specialty retailer that offers games and entertainment products through its physical stores and ecommerce platforms. The company operates in the United States, Canada, Australia, and Europe, focusing on retail operations that provide a wide range of gaming and entertainment merchandise. GameStop sells gaming platforms, software, and collectibles, catering to both technology enthusiasts and general consumers .

    1. Hardware and Accessories - Offers new and pre-owned gaming platforms from major console manufacturers like Sony, Microsoft, and Nintendo, along with gaming accessories such as controllers and headsets .
    2. Software - Sells new and pre-owned gaming software for current and certain prior generation consoles, including in-game digital currency, digital downloadable content, and full-game downloads .
    3. Collectibles - Provides apparel, toys, trading cards, gadgets, and other retail products for pop culture and technology enthusiasts .

    Key Metrics

    View all financials →

    Executive Team

    NamePositionStart DateShort Bio
    Ryan CohenPresident, CEO, and ChairmanJanuary 2021Ryan Cohen has been a member of GameStop's Board since January 2021. He was elected Chairman in June 2021 and appointed CEO in September 2023. He is also the manager of RC Ventures LLC and a sizable stockholder of the company .
    Daniel MoorePrincipal Financial Officer and Accounting OfficerMarch 25, 2024Daniel Moore was promoted to Principal Financial Officer on March 25, 2024, and has been serving as Principal Accounting Officer since August 11, 2023. He joined GameStop in July 2021 .
    Mark RobinsonGeneral Counsel and SecretaryJanuary 2022Mark Robinson has been serving as General Counsel and Secretary since January 2022. He has held various roles at GameStop since August 2015 .
    Nat TurnerDirectorNovember 18, 2024Nat Turner was appointed as a director on November 18, 2024. He is the Chairman and CEO of Collectors Holdings, Inc. He will serve as a director until the Company's 2025 Annual Meeting of Stockholders .
    Nir PatelFormer Chief Operating OfficerMay 31, 2022Nir Patel served as COO from May 31, 2022, until his departure on April 4, 2024. He has approximately two decades of experience in operations, merchandising, supply chain, and retail and store operations .

    Questions to Ask Management

    1. The company reported a full-year net loss of $313.1 million despite achieving net income in Q4 ; what specific strategies are you implementing to ensure sustained profitability throughout the entire fiscal year?

    2. Net sales have declined both in Q4 ($2.226 billion vs. $2.254 billion in Q4 2021) and for the full year ($5.927 billion vs. $6.011 billion in fiscal year 2021) ; how does management plan to reverse this trend and drive revenue growth?

    3. You've initiated exits and partial wind downs in certain European countries to cut costs ; can you provide details on these actions and explain how they might impact your international operations and market presence?

    4. With an expectation of reduced capital expenditures in 2023 , how will this affect your ability to invest in key areas needed for long-term growth and competitiveness?

    5. As you're not delivering guidance and prefer stockholders to judge you on results instead of words , how will you ensure transparency and keep investors informed about your progress toward profitability and efficiency goals?